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Filed under: Trucks/Pickups , Etc. , Commercial Trucks , Chevrolet , GM , GMC It's an epic poem that could have been written by Byron: you suffered a nasty breakup and met a new girl, you dated for a while, things were looking outstanding, you proposed... and then the bottom dropped out of the medium-duty truck business. We've seen it all before. And now that it's happened, Navistar has backed away from it's non-binding commitment to purchase GM's medium-duty truck operations. GM and Navistar only had a memorandum of understanding, so there appears to be no harm, no foul in Navistar getting icy feet. The brief announcement of the dissolution presents it as a mutual affair: "Due to significant marketplace and economic changes, GM and Navistar have decided not to renew the memorandum of understanding to purchase GM's medium duty truck business," but we imagine GM standing at the altar, watching its Navistar groom bolt from the church and hop in a taxi.>...
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Filed under: Trucks/Pickups , Etc. , Commercial Trucks , GM You may recall that Navistar supplies Ford with diesel engines for its Super Duty trucks. You may also recall that the last two diesel engines used in Ford's Super Duty pickups (the current 6.4L Power Stroke and last generation's 6.0L) have had some quality problems. The 6.0L Power Stroke was known for problems stemming from defective fuel injectors, while the newer 6.4L has had one recall related to high exhaust temperatures that could ignite diesel fuel in the particulate filter, causing an impressive light show out the tailpipe. Because of their strained relationship on account of these engines, Ford and Navistar are likely to part ways in the near future. So what do you do when your biggest client dumps you? You walk across town and strike a deal with its competitor. General Motors announced this morning that it has entered into a "non-binding memorandum of understanding" (read: gentleman's handshake)...
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